Studies have shown correlations between homeownership rates and life expectancy, children’s grades, and job stability. Here are some figures that illustrate the connections your home has to the rest of your life:
The average American spends 90% of their time indoors, especially in their own home.
1 of 7 renters (or about 12,300 households) lives in a unit with severe or moderate physical problems in New Orleans.
For every 100 low-income renters, there are 35 affordable rental units available in New Orleans.
The average car-owner in New Orleans can reach 86% of the jobs in the area in 30 minutes or less, but those who rely on public transportation can only reach 11% of jobs in that time frame.
15% of renters lack access to adequate food, 10% higher than homeowners.